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Tag: Kijun Line

Balanced scale representing the midpoint between highest highs and lowest lows to create the Kijun Line. Aids in understanding support and resistance levels and market momentum.

Understanding the Kijun Line (Base Line) – A Key Component of the Ichimoku Indicator

January 28, 2025 FinanceFacts101 Financial Tools

Introduction to the Kijun Line The Kijun Line, also known as the Base Line or Kijun-sen, is an essential component of the renowned Ichimoku Cloud indicator, which is widely used by traders for defining support and resistance levels, measuring momentum, and generating buy and sell signals. Introduced in the 1930s

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